Re: Pot odds and tournament theory
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The problem here is that you are considering all-in equity on an early street. If he could call and be all in, the call would be correct. However, he almost certainly would have to face more bets on future streets, making his effective pot odds far worse than his equity. He absolutely made the correct fold on 4th st.
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I do not understand what you mean by "effective pot odds." If you could explain this I think it would be quite helpful, as I think whatever you are referring to gets to the heart of my question. To play devil's advocate, to me it seems that pot odds are pot odds. Would the decision be any different in a cash game vs. tournament?
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